Question: How does a portfolio manager use repurchase agreements or reverse repurchase agreements to increase duration of the portfolio? What is the duration if the portfolio

How does a portfolio manager use repurchase agreements or reverse repurchase agreements to increase duration of the portfolio? What is the duration if the portfolio manager purchases a bond with a duration of 5 and finances the purchase with a repo with a haircut of 4%?

*Mostly concerned with second part of the question. If you can't answer both due to chegg guidelines, then please do second, but both would be GREAT. Thank you! :)*

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